Artificial Disc Replacement (ADR) Global Market Estimated To Witness A Growth of 11.8% By 2030

Pune, India, June, 2023/MRFR Press Release/- Market Research Future published a half cooked    research report on “Global Artificial Disc Replacement Market Research Report - Forecast to 2030”- Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2030.

Artificial Disc Replacement Global Market – Overview

Artificial disc technology is designed to replace degenerated or injured discs with a prosthesis that allows for normal physiologic movement of the spine. Artificial disc replacement surgery might be performed on the lower back (lumbar spine) or the neck (cervical spine). Artificial disc are outlined with the objective of emulating the structure and capacity of the spine's natural discs. Cervical total disc replacement (CTDR) device is used to treat patients suffering from degenerative disc disorders (DDD). Neck pain is the major cause for development of DDD in cervical region of the spine. Cervical disc replacement surgeries are performed for treatment of DDD, where the degenerated disc is removed surgically and an artificial disc is implanted in the vertebra. 

According to statics, 391,050 spinal fusions are performed every year in the United States alone. And this number is expected to increase by about 25% in the recent future. According to a recent study report published by the Market Research Future, the global market for  Artificial Disc Replacement is estimated to witness a steady growth of 11.8% and to reach USD  by 2030, in terms of value with a substantial  CAGR; surpassing its previous growth records by the end of the forecasted period (2022 – 2030).

The high prevalence of symptomatic adjacent segment disease following Anterior Cervical Discectomy and Fusion (ACDF) procedures and psuedoarthrosis following ACDF procedures in the long run is primarily driving the global Artificial Disc Replacement market. Additionally, Expanded Private Insurance Coverage for Single Level and Double Level Replacement Procedures in some countries is providing impetus to market growth of Artificial Disc Replacement. Moreover, Clinical trials for C-TDR devices achieving non-inferiority and superior efficacy and safety profiles compared to ACDF procedures is fueling market growth up to some extent.

On the other hand, the high prevalence of unmet needs pose as a challenge to the market growth of global Artificial Disc Replacement market. Although there have been no studies to examine the long-term effectiveness of these products, short-term and intermediate results have been generally favorable.

Current trend of the market observed - these artificial discs are manufactured using man-made materials, such as Metal part of the disc and Rubber polyethylene of a hydrosol for the soft inner core. The combination of these materials is intended to closely reproduce the natural mechanics of the vertebral disc. And the technological advancements with regard to CTDR device, consistent investment in research and development and surge in acquisitions and mergers are some of the trends.

Artificial Disc Replacement Global Market – Key Players

Artificial Disc Replacement market is no exception when it comes to adopting prevailing trends, to  sustain the market position and to drive the market; Key Players of the market adopt the same prevailing trends such as merger & acquisition or strategic collaboration and investing in local manufacturers in emerging economies for product developments and manufacturing activities. Artificial Disc Replacement Market demonstrates potential for huge growth opportunities which is attracting several new comers to enter in the market resulting in to a fierce competition.

Some of the key players in this market are: Alphatec Spine, Inc. (US), De Puy Spine, Inc. (US), Medtronic (Republic of Ireland), Zimmer Biomet (US), Stryker (US), Smith & Nephew Plc. (UK)         

Artificial Disc Replacement Global Market – Segments  Artificial Disc Replacement market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding; 

Segmentation By Types         : Comprises total disc replacement, disc nucleus replacement and others. 

Segmentation By Material    : Comprises biopolymer, metal, and others

Segmentation By End User: Comprises hospitals, research centers, clinics and others

Segmentation By Regions       : Comprises Geographical regions - North America,   Europe, APAC and Rest of the World.

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Artificial Disc Replacement Market Research Report

Artificial Disc Replacement Global Market – Synopsis

Several manufacturers are currently researching, developing and testing total disc replacement. The Charite has been approved by the FDA for the surgical treatment of single-level disease at the L4-5 or L5-S1 levels. Four other lumbar devices currently in clinical trials in the US are: ProDisc (Spine Solutions/Synthes), Maverick (Medtronic Sofamor Danek), Flexicore (SpineCore) and Kineflex (SpinalMotion). Investigational centers are currently recruiting patients.

However, significant events have transpired in this market. First, the emergence of results from several pivotal clinical trials is going to have a drastic effect on how these devices are perceived and adopted by the spinal surgery community. The first study details a device’s performance over the course of five to seven years. Another study explores how well C-TDR devices reduce the development of adjacent segment disease with intermediate follow-up. Additionally, the first randomized clinical trial results comparing double-level ACDF and C-TDR are expected to be released]

Artificial Disc Replacement Market –

Regional Analysis

Globally North America is the largest market for Artificial Disc Replacement. The North American market for Artificial Disc Replacement is expected to grow at a substantial CAGR and is expected to grow further its previous growth records by the end of the forecasted period. This is due to increasing developing technology in the healthcare sector. Europe is the second-largest market for Artificial Disc Replacement which is expected to grow at a considerable CAGR. Whereas Asia pacific is expected to be a growing market for Artificial Disc Replacement and expected to grow at a rapid rate.

Artificial Disc Replacement devices are expected to thrive in both the US and India over the forecast. Improved reimbursement coverage and the FDA’s approval of a double level disc replacement indication will drive the growth in the US and In India, leading the C-TDR device manufacturers to enter the market with positive adoption from the region’s surgeons. In Europe and the remaining developing economies, growth for these devices will remain stagnant. European surgeons currently see these devices as expensive alternatives to ACDF procedures that provide only comparable patient outcomes.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.